RES resource generation limited

director buying, page-12

  1. 3,690 Posts.
    I don't want to rain on your parade but be just a bit careful here of being caught up in a pump and dump.

    You want the price to move up with genuine solid buying depth on much better volume than we have been experiencing lately otherwise the price will just crash back down again.

    I know we can all get carried away when directors buy but please be realistic. On Friday there was actually very little volume, and even with Director purchasing the price still went down

    We don't know if this is just a one off from S.M.

    Just be very aware that the DOW is incredibly unstable at the moment and the coalers have been having more than a few bleak weeks.

    I want the price to go up but I don't want it to suddenly crash to new lows because all the potential buyers have lost their money and will not re-enter the market.

    If other directors enter and do some substantial buying this may change the scene.
 
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